This is a great book, and I have much respect for Prof. Black, and in no way am disparaging him or his excellent book (which was published in 2005, so quite awhile back now), but all the investigations to date really demonstrate just how few honest people exist in Corporate America, and most specifically the banking sector. Sure, there were one or two honest types at Merrill Lynch, and they were most expeditiously fired! Sure, perhaps there was one honest person at Washington Mutual, and she was fired! It appears they may simply only hire dishonest people, or maybe the majority today is simply dishonest? I've never heard of any honest people at JPMorgan Chase, Goldman Sachs or Morgan Stanley, but I'm sure if there were they've long since been fired!
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